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NZDUSD Short off Resistance Trendline

Singkat
Dolar New Zealand / Dolar A.S. (FX:NZDUSD)  
MtxTrader  
FX:NZDUSD   Dolar New Zealand / Dolar A.S.
NZDUSD 1d priceaction Support and Resistance Trend Lines short Bearish Patterns DXY
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nzdusd 1d priceaction supportandresistance trendline short bearish dxy
Price reached resistance trendline on the daily chart

Initial bearish engulfing candle last week, then 3 bullish candles followed by a break of resistance trendline, however this can be said for UJ as well, and that's going up.

Upper wick of that candle is longer than the body, so i'm inclined to go short on NZDUSD

Very weak USD due to news today, I take it as a sign of its strength that it managed to recover so well.

Idea Berkaitan

MtxTrader
US Dollar Index (DXY) at Support
Penafian

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